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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)
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To: vds4 who wrote (517)7/10/2002 5:17:34 PM
From: VAUGHN  Read Replies (1) of 613
 
Hello vds4

Yes in several respects. While numbers are still very preliminary there are distinct trends emerging:

1. The FT core tested deep into the pipe and while it is still only a small sample the lab reported similar grade and quality to what was sampled near surface.

2. The Cargo1 core while only a small sample the lab reported similar data to what was sampled from FT.

3. We now know that JI boasts at least two diamondiferous potentially economic pipes with VERY preliminary modeled grades of approximately .4c/t which is as good or better than many economic deposits in Africa and Russia.

4. We now know that we have strong indications of more than enough tonnage for a mine and real potential of a long lived mine.

5. We know that TWG is commencing summer field work and should be reporting interesting field news repeatedly over the next 90 days and interesting lab results over the next nine months.

What I and I am sure DB's & RT will be watching closely for in the coming 90 days & nine months is any news confirming kimberlite pipes under those other 12 mag. targets and indications of their diamondiferous nature.

If TWG lucks out and several (or more) of those targets prove to contain similar or better numbers than FT then...

JI has the real potential of being the largest economic diamond deposit in the free world. If you were Rio Tinto or DeBeers, what would you do?

Regards

Vaughn
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